The best end-to-end SOC 2 compliance solution

Trying to navigate the ins and outs of SOC 1 or SOC 2 compliance? It is painful. Laika combines state-of-the-art knowledge and automation software with expert services, so you can focus on deals as we speed you to audit completion.

SOC 2 Compliance

What is SOC 2 Compliance?

SOC 2 compliance is achieved through an audited American Institute of CPA's (AICPA) Service Organization Control (SOC) Report that certifies you protect client data with business process and technical controls that meet requisite standards. These SOC 2 standards are based on the AICPA's five Trust Services Criteria (TSC) for data - security, privacy, availability, processing integrity, and confidentiality.

Increasingly, a SOC 2 is required by large companies, financial institutions, and health care organizations to do business. It is the gold standard to ensure you are securing your data and mitigating risk. An audited SOC 2 report demonstrates your security and privacy excellence to the marketplace, builds trust, and speeds procurement with potential customers. Every modern company is now digital and will benefit from a SOC 2 to ensure proper information security.

SOC 1 vs. SOC 2

The difference between SOC 1 and SOC 2 is the scope of the controls, policies, and procedures tested.

A SOC 1 report focuses on financial controls to ensure proper handling of a client's financial information. A SOC 2 report focuses on non-financial controls for protecting data. If you process data that impacts your client's financial statements then a SOC 1 will be needed.

Type 1 vs. Type 2

The difference between Type 1 and Type 2 is design versus operating effectiveness.

A Type I tests design by looking at your description of controls at a particular point in time. A Type II tests operating effectiveness by collecting evidence of your controls in operation over a 6 to 12-month period. Start with a Type 1 then build to a Type 2, unless a specific client requires a Type 2 immediately.

When to get a SOC 2 certification?

Invest in compliance and a SOC 2 in preparation to move upmarket or into regulated industries like finance and healthcare.

Increased regulations, security threats, and data protection standards are pushing compliance requirements downstream. If it is not blocking a deal now, it will if you plan to grow. The longer you wait, the more complex, time consuming, and costly it will be. Technical and operational debt will accrue and complicate changing organizational behaviors. Invest now.

How to get a SOC 2 certification?

Obtaining a SOC 2 certification requires an investment and commitment of organizational resources and attention.

Certification preparation requires work to map existing controls to those required, perform a gap analysis, remediate deficiencies, document everything, and collect evidence. Then find, sign, and work with an auditor to execute the audit. It is an involved process with a timeline that depends on your commitment, thoroughness, and whether or not you engage service providers to help.

Why Laika?

The easiest way to implement
audit-ready compliance

Get certified faster

You can't automate an audit, but we streamline every aspect of the process through expert-built software coupled with actual human experts to guide and project manage you to SOC 2 certification.

Work with experts

Our leaders, and your new compliance team, are former security and privacy executives from places like Citigroup, Microsoft, and Flatiron Health. Enterprise expertise to guide your stage-appropriate, audit-ready compliance program.

Minimize the headaches

We will automate evidence collection, demonstration, and DDQs with software, strategize with your team, interface with the auditors to minimize any loops, and hop on sales calls to unblock your deals.

heylaika

SOC 2 Audit and Certification

Laika streamlines every aspect of the audit process
from preparation to final report

Audit Preparation

Research

Analysis &
Strategy

Implementation &
Evidence Collection

Auditor Selection

Audit Process & Management

Audit Kickoff

Control
Demonstration &
Attestation

Official Report

Annual Audit

Without Laika

Audit Preparation

Research

Google search and get help

Comb through 342 pages of esoteric language in the AICPA Trust Services Critera guide to decipher the 200 plus controls required to pass a SOC 2 audit.

Analysis &
Strategy

Struggle through spreadsheets

Identify existing controls, perform a gap analysis to build a remediation plan, and develop a project strategy and schedule for implementation execution.

Implementation &
Evidence Collection

Test and document everything

Implement technical and business process controls, and document all policies and procedures. Collect evidence of controls in action - MFA, employee training, asset inventories, and your clean desk policy, to name just a few.

Auditor Selection

Interview and engage auditors

Find and vet auditors. Negotiate the scope and cost of the audit. Confirm the auditor can meet your timeline. In other words, phone calls and more phone calls.

Audit Process & Management

Audit Kickoff

Pick your lucky team members

Choose staff to manage the audit. Meet with the auditors to discuss scope, schedule, expectations, and lines of communication.

Control
Demonstration &
Attestation

Spreadsheet and email nightmare

Hand over all documentation and work with the auditors to enable proper sampling and testing of controls and evidence collection. Manage any ad hoc requests and remediation if the auditor finds gaps.

Official Report

Wait for a final report

If all goes well, the auditor will prepare a draft report, quality check it internally, and then issue an official final report. Congratulations you are SOC 2 compliant!

Annual Audit

Do it all over again

You fall out of compliance as you grow and evolve, so you need to consistently update controls and documentation. A SOC 2 report only covers a 6 to 12-month period, so this audit needs to be performed annually.

With Laika

Audit Preparation

Research

All the expertise you need

Access every document you need in Laika's knowledge base, written in founder-friendly language. Tap into dedicated experts for strategy and guidance. No google needed.

Analysis &
Strategy

Watch Laika work

Sit back as Laika performs a gap analysis, curates a task list, and builds and manages your SOC 2 audit prep schedule. Spreadsheets are so nineties.

Implementation &
Evidence Collection

Automate evidence collection

Onboard to Laika with pre-populated controls, policies and procedures tailored to your business. Let your data flow in automatically. We automate a lot, but we can't take a picture of your paper shredder, we're working on it.

Auditor Selection

Leave the auditor to us

Let Laika handle the stress of finding and engaging the auditor. We know them. If you go with a preferred partner, get a discount and streamlined process.

Audit Process & Management

Audit Kickoff

An extension of your team

Stay in or out of the loop as much as you want, Laika can handle the day-to-day as an extension of your team.

Control
Demonstration &
Attestation

Focus on your business

Everything is stored in Laika, your compliance system of record, with auditor review access. Laika experts act as your first line of defense on any auditor requests. Stay focused on your business with minimal back-and-forth.

Official Report

Speed time to a final report

Minimize every aspect of the preparation and audit process from zero to final report with Laika on your side. Cut the time to final report by half, at least.

Annual Audit

Minimize rework

Stay in compliance year after year. Laika anticipates control changes in line with expected business growth and conducts risk assessments. With everything in one place, you'll pass the next audit or next framework in no time.

SOC 2 Research

All the details
on SOC 2 compliance

Download our guide with all the details
on SOC 2 compliance. What is SOC 2 and why? Expected cost? How to prepare? What happens next?

Download

SOC Experts

Get SOC 1 or SOC 2 certified
with Laika

Curb the chaos with expert compliance support
before, during, and after your audit.

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